After suspending leases on new oil and gas exploration at the beginning of the year, a new plan by President Biden may now allow for new drilling in the Gulf of Mexico. Oil majors across North America have been pushing Biden to open new leases for exploration across the region, particularly as the President has called on oil and gas firms to increase their output in recent months to support U.S. energy security. As Biden went full steam ahead in his climate change policy, new leases appeared increasingly unlikely, until this month. The U.S.…
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